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Stochastic Frontier Analysis Of Singapore Manufacturing Industries

Author

Listed:
  • SOO-WEI KOH

    (Nanyang Technological University, Singapore)

  • SHAHIDUR RAHMAN

    (Nanyang Technological University, Singapore)

  • G. K. RANDOLPH TAN

    (Nanyang Technological University, Singapore)

Abstract

Previous papers on Singapore manufacturing productivity have focused almost exclusively on total factor productivity (TFP) growth rates and ignored the problem of measuring the extent of learning-by-doing. In this paper, we examine an alternative measure: the rate of technical efficiency change. Using data from 1974–1998, a translog production frontier is estimated. Following a conceptual framework popularised by Bauer (1990), productivity growth is decomposed into components arising from technical progress, technical efficiency change, a scale economies effect and an allocative inefficiency effect.

Suggested Citation

  • Soo-Wei Koh & Shahidur Rahman & G. K. Randolph Tan, 2004. "Stochastic Frontier Analysis Of Singapore Manufacturing Industries," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 49(01), pages 85-103.
    • Handle: RePEc:wsi:serxxx:v:49:y:2004:i:01:n:s0217590804000810
    DOI: 10.1142/S0217590804000810
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    Cited by:

    1. K. Ali Akkemik, 2007. "TFP growth and resource allocation in Singapore, 1965-2002," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(8), pages 1059-1073.

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